Craig Wright accuses Binance and Tether of funding prostitution and slavery, community backlash ensues

Published on by Cryptoslate | Published on

Craig Wright, the controversial Bitcoin SV creator claiming to be Satoshi Nakamoto, accused crypto exchange Binance and stablecoin company Tether of funding prostitution and slavery.

During the CoinGeek conference in Toronto, Wright said that 30 percent of "Binance and Tether money" is used to fund illegal operations such as prostitution and women in slavery.

While giving a speech at the CoinGeek conference in Toronto on May 30, Wright made a slew of claims that can only be described as outrageous.

Wright also claimed that the only reason why Bitcoin was in still circulation is to enable illegal activity.

In a snippet of his speech, Wright is heard making accusations towards Binance, Bitfinex, and Tether, some of the biggest companies in the crypto industry.

Wright also accused the companies of being responsible for funding prostitution and slavery.

"Right now, 30% of Binance money funds women in prostitution, 30% of Binance and Tether funds women in slavery."

Cz binance bruv, have you seen what the Moroninator is saying about Binance? https://t.

McCormack, who has been weighing his options on how to defend himself from Wright's libel lawsuit, sent the video to Zhao, asking whether he'd seen the accusations he made at Binance.

1/ I have instructed RPC to act of my behalf in my defence against Craig Wright.

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